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Trader-Mick
6 févr. 2016 07:31

EURGBP BULLISH GARTLEY Long

Euro Fx/British PoundFXCM

Description

Hey traders: We have a potential bullish Gartley setup in EURGBP. IF price action drops to 0.76555 the bullish Gartley pattern will be completed. Look left structure leaves clue, Resistance becomes Support as usual, We do have a chance to see the price action bounce from the structure zone, hopefully the stops are below it. We are trading above the 89,144 EMA's which indicating a bullish bias too, Also if you notice that before the XA leg we do have an impulse leg which is the new structure high which made the change in trend. I am expecting the price action to reach 0.76901 if the pattern completes. Also look at the RSI 7 period which shows a bullish hidden divergence.
Let us see what happens.
Commentaires
Hanu727
Hi Morsh, this trade active yet?
Trader-Mick
No, About to cancel!
Hanu727
I'm currently short on EG from .7705. Any thoughts would be appreciated.
CraigRan
about to cancel? but its almost 100+ pips i mean i started at the 0.7662 and its a lot profit now i thought u already active the trade ........
Trader-Mick
1.272 Fibb level was not hit. Badluck!
VictoBurgz1
Trader-Mick
Well, that is not a perfect way to count. But if price action comes back in tor the structure support it may have some potential to bounce.
VictoBurgz1
Could this also be a possibility
Xiaoyi419
Always appreciated!
Trader-Mick
Thank you! :)
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